‘Why can’t bosses who settle staff loans tie them to a contract?’


Bank Negara deputy governor Adnan Zaylani Mohamad Zahid said CCRIS contains information on overdue payments and is not a system aimed at blacklisting loan applicants.

PETALING JAYA: The idea for employers to pay off their employees’ National Higher Education Fund Corporation loans has not gone down well with the Malaysian Employers Federation.

MEF president Datuk Shamsud­din Bardan asked the rationale behind employers taking on the financial burden if they were not allowed to bind their employees to the company in exchange.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Education , PTPTN , MEF , employers , loan repayment

   

Next In Nation

Rooted in reminiscence: M’sian game designers go big on the nostalgia factor
Bernama chairman Wong bags Media Personality of the Year award at Seba Awards
Student turns X into X-rated platform
Witness paid RM19mil to end probe
Furry friends in urgent need of home
Director nabbed in RM1.1mil fraud probe
Healthcare costs rise beyond just medication
Penampang council under pressure to lower parking fees
A cleaner and greener future
883 schools nationwide at risk of flooding

Others Also Read